Gouverneur Bancorp is the holding company for Gouverneur Savings and Loan Association, a community savings and loan institution serving rural northern New York since 1892. The Bank operates four full-service branches in Jefferson and St. Lawrence Counties, focusing on individuals, families, and small businesses across Jefferson, St. Lawrence, and Lewis Counties — a region known as the North Country. The core business is originating residential mortgage loans, which make up roughly 83% of total loans, primarily to borrowers purchasing or refinancing homes, including vacation properties in the Thousand Islands area. The Bank also offers commercial real estate, construction, consumer, and commercial loans in smaller volumes. Gouverneur Bancorp earns primarily through net interest income — taking in deposits at one rate and lending at a higher rate. Deposit funding comes from local residents and businesses, and through subsidiary GS&L Municipal Bank, which holds municipal deposits as required by New York law. The Bank supplements deposits with Federal Home Loan Bank borrowings as needed. Profitability is driven by loan volume, the fixed-vs.-adjustable rate mix of its mortgage portfolio, and deposit funding costs. The Bank occasionally sells long-term fixed-rate mortgages into the secondary market to manage interest rate risk, retaining servicing to preserve customer relationships. With only 37 employees and four branches, Gouverneur Bancorp competes on local relationships and community knowledge rather than price or product breadth.